Payments 2.0
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Payments 2.0
Digital wallet, Mobile payments, Contactless payments, NFC payments, Mobile wallet, Mobile POS, Bill payments, Bitcoin, Virtual currency
Curated by Therese Torris
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Swedish Payment firm Klarna acquires German payment startup BillPay for $75M from Wonga

Swedish Payment firm Klarna acquires German payment startup BillPay for $75M from Wonga | Payments 2.0 | Scoop.it
Some chopping and changing is afoot in the world of payments in Europe. Today, Klarna, the startup out of Sweden that works with online merchants to enable..
Therese Torris's insight:
I was indispensable for Klarna to extend its footprint. Unclear whether it's enough to sustain the competition.

Techcrunch (Ingrid Lunden) about Wonga " it seems that [Wonga's] name and brand are still not one that people want to wave around"... in the past Techcrunch praised Wonga, although it was clear that the lender was among the worst of the payday lender variety, as if being "online" automatically meant being better than incumbents. Glad to read we're past that.
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Rescooped by Therese Torris from Personal Finance 2.0, New Finance, FinTech, PFM
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Quid Puts FinovateSpring Companies through its Big Data Algorithm - Finovate

Quid Puts FinovateSpring Companies through its Big Data Algorithm - Finovate | Payments 2.0 | Scoop.it

Summary: San Francisco-based data analytics company QUID recently compared the FinovateSpring 2012 presenters against its database of 800 financial services companies. The following were determined to be the most unique and valuable...:

1. DeviceFidelity: operator and device-independent solutions for mobile apps

2. Silver Tail Systems: web intelligence for security

3. Edo Interactive: connects advertising with card data

4. Dwolla: mobile and online direct transfer payments

5. On Deck Capital: technology-assisted lending of working capital to SMBs

6. BillGuard: free personal finance security service

7. Klarna: escrow payment service for online shopping

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